Siacoin (SC) Price Tops $0.0077 on Top Exchanges

Siacoin (SC) traded 10.2% higher against the U.S. dollar during the 24-hour period ending at 22:00 PM Eastern on April 20th. One Siacoin coin can currently be purchased for approximately $0.0077 or 0.00000012 BTC on major cryptocurrency exchanges. During the last week, Siacoin has traded up 13.8% against the U.S. dollar. Siacoin has a total market capitalization of $438.17 million and approximately $11.64 million worth of Siacoin was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during the last day:

  • Bitcoin (BTC) traded 2.2% higher against the dollar and now trades at $65,041.07 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded up 3.7% against the dollar and now trades at $0.16 or 0.00000248 BTC.
  • Bitcoin Cash (BCH) traded 7.2% higher against the dollar and now trades at $511.26 or 0.00786118 BTC.
  • Litecoin (LTC) traded up 4.4% against the dollar and now trades at $84.76 or 0.00130320 BTC.
  • UNUS SED LEO (LEO) traded down 1% against the dollar and now trades at $5.76 or 0.00008864 BTC.
  • Ethereum Classic (ETC) traded 6.6% higher against the dollar and now trades at $27.89 or 0.00042884 BTC.
  • Monero (XMR) traded 5.5% higher against the dollar and now trades at $123.40 or 0.00189739 BTC.
  • Arweave (AR) traded 14.3% higher against the dollar and now trades at $32.27 or 0.00049621 BTC.
  • Bitcoin SV (BSV) traded 7.3% higher against the dollar and now trades at $70.51 or 0.00108418 BTC.
  • eCash (XEC) traded 8.6% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Siacoin Profile

Siacoin is a proof-of-work (PoW) coin that uses the Blake2b hashing algorithm. Its launch date was June 1st, 2015. Siacoin’s total supply is 57,023,445,000 coins and its circulating supply is 56,996,814,274 coins. The Reddit community for Siacoin is https://reddit.com/r/siacoin and the currency’s Github account can be viewed here. Siacoin’s official website is sia.tech. Siacoin’s official Twitter account is @sia__foundation and its Facebook page is accessible here.

According to CryptoCompare, “Siacoin (SC) is the native token of the Sia network, a decentralized storage platform facilitating global disk storage contributions to create a secure and private alternative to centralized cloud storage. Users can rent storage from hosts using Siacoin, with transactions managed by smart storage contracts on the Sia blockchain. These contracts ensure that hosts are paid only after securely storing a client’s file for a specified duration, incentivizing reliable storage. The concept for Sia and Siacoin was conceived by David Vorick and Luke Champine, founders of Skynet Labs, at an MIT hackathon in 2013. Skynet Labs, formerly Nebulous, continues to evolve the platform, aiming to build a decentralized internet through its application hosting and storage.”

Buying and Selling Siacoin

It is usually not currently possible to purchase alternative cryptocurrencies such as Siacoin directly using US dollars. Investors seeking to acquire Siacoin should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Siacoin using one of the exchanges listed above.

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